ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.
Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.
Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT. |
| Launched |
|---|
2017 |
Website: |
| Asset type |
Token |
| Blockchain list |
+62 more networks |
| Price usd |
7.639 |
| Project leaders |
Sergey Nazarov, Steve Ellis |
| Telegram groups |
Members: 23,749 |
| X accounts |
Followers: 1,392,695Account age: Jun 19, 2013 |
No summary available. |
| Launched |
|---|
2023 |
Website: |
| Asset type |
Token |
| Blockchain list |
| Price usd |
15.424644 |
| Project leaders |
Joselito Lizarondo |
| Telegram groups |
Members: 15,788 |
ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.
Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.
Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT. | No summary available. |
| Launched | |
|---|---|
2017 | 2023 |
Website: | Website: |
| Asset type | |
Token | Token |
| Blockchain list | |
+62 more networks | |
| Price usd | |
7.639 | 15.424644 |
| Project leaders | |
Live Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentIn a scenario where you choose to include one coin in your portfolio but are uncertain, take a closer look at these two. This article is dedicated to the Chainlink (LINK) vs Venus BNB (vBNB) comparison for investing purposes, highlighting the most important aspects of this discussion.
First things first: the market capitalization. It's always better to invest in a well-established coin than a relatively new project. A large market cap means low volatility, whereas a small market cap means the coin will be extremely volatile and risky to trade – but can also bring huge rewards.
See if the coin has reasonable market cap and valuation for now – sometimes people speculate with coins which don't deserve a single dollar spent on them.
Proof-of-Work, Proof-of-Stake, or any other algorithm. Every protocol uses a specific algorithm for consensus – and therefore it brings some particular traits and advantages. Compare both coins by the consensus mechanism to find similarities and differences. Does it fit your preferences?
Every blockchain has a particular transaction throughput (TPS) level. The higher the transaction speed, the better – but do not consider this to be a primary factor in choosing a blockchain. Layer-2 solutions are also essential for scalability.
Supply and emission schedule play a crucial role in determining the price of any coin on the market. See how many coins will ever exist and how many are already in circulation. How are new coins emitted? Will there be any further halvings or supply increases?
Finally, it all comes down to real adoption. What real-world problems does the coin help solve? How active is the community around it? Does it have real use cases and on-chain activity statistics?
Neither of these coins is a better option in every possible situation – they serve different users. Determine which of them matches your preferences and needs the most, and make your decision accordingly.
| X accounts |
|---|
Venus protocol Followers: 222,067Account age: Sep 12, 2020 |
Sergey Nazarov, Steve Ellis |
Joselito Lizarondo |
| Telegram groups | |
|---|---|
Chainlink official Members: 23,749 | Venus protocol Members: 15,788 |
| X accounts | |
|---|---|
Chainlink Followers: 1,392,695Account age: Jun 19, 2013 | Venus protocol Followers: 222,067Account age: Sep 12, 2020 |
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